| PXD latest price $62.2700 (2.6%) ($61.1600 - $62.8800) on Tue. Jul. 13, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.11% (three month average) |
RSI | 34 |
Latest Price | $62.2700(2.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PXD declines -3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(81%) OIH(76%) IWM(57%) SPY(56%) USO(55%) |
Factors Impacting PXD price | PXD will decline at least -1.555% in a week (0% probabilities). TLT(-31%) SHY(-4%) TIP(-0%) LQD(2%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.555% (StdDev 3.11%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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